The competition for making a new and more scalable version of Ethereum is heating up, and both Cardano and Solana have surged this month. Ethereum is still by far the biggest within the NFT space, and both Visa, Budweiser, and NBA star Stephen Curry bought NFTs this week. Lastly, Bitcoin...

Jerome Powell's Jackson Hole speech puts a lot of focus on this week's non-farm payrolls. If Friday's jobs data exceed expectations, we anticipate a tapering announcement during the next FOMC's meeting and a reduction of asset purchases starting as soon as October. Such a scenario will send 10-year yields close...

Fed Chair Powell delivered as dovish a speech as anyone could have expected at the Jackson Hole symposium on Friday, taking the US dollar lower with the outlining of his thorough conviction that the recent bout of high inflation will prove transitory. The reaction to the speech was sharp, if...

GBPUSD holding below long term descending trendline. With price holding below graphical overlap resistance and 61.8% Fibonacci retracement , a short term drop below our entry at 1.38000 towards graphical swing low and our take profit at 1.36051 can be expected. Stochastic is testing resistance where price pulled back lower...

Price is reaction insde our pivot level at 47,786 which is in line with 61.8% Fibonacci retracement level, 61.8% Fibonacci extension level and ascending trendline support. Price could potentially bounce towards resistance at 49,720.60 which is in-line with 78.6% Fibonacci retracement level and 61.8% Fibonacci extension level. Stochastic has also...

UKOIL holding below long term descending trendline resistance. A further drop below our entry zone at 72.57 towards our take profit level at 69.54 could be likely. Our entry zone has a strong Fibonacci confluence level where we have both the 100% Fibonacci extension and 78.6% Fibonacci retracment level lining...

AUDUSD holding below long term descending trendline resistance. A short term drop below graphical overlap resistance where we also have 78.6% Fibonacci retracement could be possible. Sellers may look to short around the 0.73228 region with possible downside target at our take profit level of 0.72223. Stochastics is testing resistance...

USDCAD holding above ascending trendline support. It is possible to look for an entry around the 1.25809 region where we have 78.6% FIbonacci retracement and graphical overlap support level with a potential target at the recent swing high and take profit at 1.27216. Stochastic is approaching support where price bounced...

Price is retesting the trendline breakout at our pivot level at 109.730 which is in line with 61.8% Fibonacci retracement level, 61.8% Fibonacci extension level and trendline support. Price could potentially swing towards resistance at 110.44, which is in line with 78.6% Fibonacci retracement level and 100% Fibonacci extension level....

Price is reacting below our pivot level at 0.70080 which is in line with 78.6% Fibonacci retracement level and 61.8% Fibonacci extension level. Price could potentially drop to support at 0.69380 which coincides with 38.2% Fibonacci retracement level and 61.8% Fibonacci extension level. Stochastic is also at resistance level where...